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Amanah Harta Tanah posts 2Q net profit of RM2.1m

KUALA LUMPUR: Amanah Harta Tanah announced that its net profit for the second quarter ended June 30, 2010 was RM2.093 million, a marginal 2.91% increase from RM2.032 million recorded for the same period last year.

The company said on Monday, Aug 2, that revenue earned in 2Q was RM3.841 million from RM3.811 million the year before, a 0.79% increase.

Basic earnings per share was 2.09 sen from 2.03 sen, while net assets per share rose to RM1.5108 from RM1.5079 the previous year.

As of December 31, 2009, the REIT has a portfolio consisting of 14 real estate properties, consisting mainly of shop premises.
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